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LIVE BLOG: The Latest on the Debt Negotiations (TOTUS to speak at 10:20AM)
National Journal ^ | 7/29/11 | Ethan Klapper

Posted on 07/29/2011 6:32:45 AM PDT by markomalley

A day after the House postponed its vote on Speaker John Boehner's Budget Control Act, Washington remains at a stalemate. Follow our live blog below for the latest developments.

9:10 a.m. The White House announces that President Obama will deliver a statement at 10:20 a.m.

9:08 a.m. Hotline's Sean Sullivan reports that 22 Republicans are still no votes. He'll be updating the whip count all day, which can be found here.

8:49 a.m. Lawmakers are reacting to last night's events, and we're collecting that reaction here.

8:03 a.m. Sen. Bernie Sanders, I-Vt., says Senate Majority Leader Harry Reid’s deficit reduction plan is bad, but Boehner’s is worse in a Wall Street Journal op-ed published today.


TOPICS: Breaking News; Government
KEYWORDS: debt; debtceiling; deficit
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To: swamprebel

that would be “Fruit of Ka-boom”.

If you see something suspicious, please call...

“1-800-Jihad-by-kids” Detonate your car today!

(There is a cute little jingle you can use to remember the call number)


61 posted on 07/29/2011 7:45:38 AM PDT by Cletus.D.Yokel (Islam is a violent and tyrannical political ideology and has nothing to do with "religion".)
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To: Cletus.D.Yokel

“Fellow Americans, this crisis has caused me to spend far too much time away from the golf course. I have another vacation scheduled which means that Congress must get this resolved now. Many millions of Americans are facing the real possibility of losing their government cell phones. I must now go get come ice cream, please call Congress while I select between sherbet or chocolate chip cookie dough.”


62 posted on 07/29/2011 7:45:53 AM PDT by TSgt (When in the Course of human events...)
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To: Cletus.D.Yokel

Pushing up on 10 minutes late...


63 posted on 07/29/2011 7:46:44 AM PDT by Cletus.D.Yokel (Islam is a violent and tyrannical political ideology and has nothing to do with "religion".)
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To: MissMagnolia

Is he on yet? Late again? Don’t see anything yet....


64 posted on 07/29/2011 7:46:54 AM PDT by SueRae (I can see November 2012 from my HOUSE!!!!!!!!)
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To: All

no TV here, please give the play by play..thanks

also, is this on the networks or just cable news?


65 posted on 07/29/2011 7:47:14 AM PDT by janetjanet998
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To: SueRae

Picture of empty podium .... thought he was to speak at 10:20 so he’s 10 minutes late.


66 posted on 07/29/2011 7:47:42 AM PDT by MissMagnolia (Obama can't run on his record so he is running away from it.)
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To: markomalley

Late as always.


67 posted on 07/29/2011 7:49:39 AM PDT by kabar
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To: Cletus.D.Yokel
Pushing up on 10 minutes late...

He's praying...


68 posted on 07/29/2011 7:49:44 AM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: TheShaz

Pence a yes? Sad.


69 posted on 07/29/2011 7:49:47 AM PDT by day10 (Integrity has no need of rules.)
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To: MissMagnolia

Can the drinking game be played this early in the morning?

It’s only 7:30 AM here in LA.

Millionaire
Billionaires
Corporate Jets
Shared responsibility
“I”, “I”, “I”, “I”.....


70 posted on 07/29/2011 7:50:23 AM PDT by Beaten Valve
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To: MissMagnolia

On Drudge, V. Jarrett is quoted as saying O’bummer is not getting any sleep at night...
hmmm...begs MANY questions!


71 posted on 07/29/2011 7:51:18 AM PDT by matginzac
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To: MissMagnolia
Picture of empty podium

That has been the case of every 0 press conference since 1/20/09

72 posted on 07/29/2011 7:51:25 AM PDT by Drill Thrawl (0 - 537 They ALL must go.)
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To: COBOL2Java
He's praying...

Gotta roll up the prayer rug before he appears on TV

73 posted on 07/29/2011 7:51:38 AM PDT by Roccus (Obama & Holder LLP, Procurers of fine arms to the most discerning drug lords (202) 456-1414)
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To: markomalley

only 15 mins late and counting


74 posted on 07/29/2011 7:51:51 AM PDT by blueyon (The U. S. Constitution - read it and weep)
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To: SueRae

Must be changing his golf shoes ....... oh wait, 2 minute warning just given.


75 posted on 07/29/2011 7:51:56 AM PDT by MissMagnolia (Obama can't run on his record so he is running away from it.)
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To: janetjanet998

Two minute warning given.


76 posted on 07/29/2011 7:52:02 AM PDT by kristinn (Lowering the IQ on FR since Jul 31, 1998)
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To: Beaten Valve
Can the drinking game be played this early in the morning?

Substitute a shot of alcohol for RED BULL :-)

77 posted on 07/29/2011 7:52:16 AM PDT by TheShaz
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To: Safrguns

Here’s my problem with all this.

I fully understand holding the line on spending and that this bill is not really doing all that much. However, it’s VERY REASONABLE from a “moderation/compromise” standpoint, and politically is a good thing from the point of view of independents.

If the GOP House fails to pass it, then the Senate will pass a Reid-penned bill, send it to the House, and then if the House votes “yes” - they look somewhat bad, and Obama looks good, but if they vote no, then any consequences that do occur (I do think the markets will TANK among other things if nothing is done) goes right on the GOP. Neither is a pleasant position.

If they “get their asses in line” as Boehner says, at least now if the Senate fails to pass the bill, or Obama vetoes it, then the consequences are on the Democrats. Unless of course they still revise and send back.

We have to remember we only have one half of one branch of government.

Passing Boehner’s bill is not the “end-all” - we can STILL propose the Penny Plan or even CCB itself (w/o the debt ceiling increase) after the fact.

The debt ceiling WILL be raised, so we might as well do it in the most advantageous way possible.


78 posted on 07/29/2011 7:52:49 AM PDT by RockinRight (If we're "teabaggers" then they're "d-baggers.")
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To: matginzac

FOX is showing the DJIA in a little box on the screen.

-100.0 points now.

Hope they keep it up while Zero is speaking...


79 posted on 07/29/2011 7:52:49 AM PDT by Beaten Valve
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To: kabar

17 min


80 posted on 07/29/2011 7:53:07 AM PDT by cork
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